•$4.9bn gas investments yet to fully pay off  •Past PSCs did not incentivize firms to invest in non-associated gas — NUPRC •Nigeria needs coordinated action to unlock gas potential —NGA By Udeme Akpan, Energy Editor Nigeria’s ambition to power homes and industries with its abundant gas reserves faces a deepening dilemma, following rising gas flaring in the […]

By Elizabeth Adegbesan Banks’ deposit with the Central Bank of Nigeria, CBN, in form of Standing Deposit (SDF) grew by 395.8 percent, YoY,  to N198.08 trillion in the first ten months of the year (10m’25) from N39.95 trillion in the corresponding period of 2024 (10m’24), reflecting excess liquidity in the banking system.     Trend analysis showed […]

By Peter Egwuatu  Nigerian Exchange Group Plc (NGX Group or the Group) has announced the declaration of an interim dividend of N1.00 per ordinary share of 50 kobo each, following the approval of its unaudited financial statements for the third quarter ended 30 September 2025, at the meeting of its Board of Directors. According to […]

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has urged Nigerian banks to channel more credit to young innovators and small businesses, saying the era of concentrating lending on big corporates must give way to inclusive, innovation-driven financing.

Edun commended the Central Bank of Nigeria (CBN) for maintaining monetary discipline under its current leadership.